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Manycore Tech passed HKEX’s listing hearing on March 29 after updating its post-hearing materials, entering the final phase of its Hong Kong IPO with …

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At a March 11 event, J-Startup Kansai outlined the region’s potential ahead of the expo.

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Decoding China&#039;s tech and business pulse

KrASIA

36Kr Japan provides in-depth coverage of China's business and tech developments for Japanese-speaking audiences. Established in 2018 in partnership with the Nikkei Group, it distributes content through its own platform, as well as via Nikkei’s publications and leading news aggregators, including Yahoo News and SmartNews.

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A BYD Dolphin Surf electric vehicle, photographed in the suburbs of Udine, Italy.

BYD, a Chinese EV maker, produces electric cars, buses, and batteries, accelerating adoption of sustainable transportation worldwide.

Chery

China’s tech ecosystem serves as a driving force behind the world’s second largest economy, influencing global digital markets.

China

Explore East Asia’s thriving tech hubs, global electronics producers, and fast-evolving digital platforms shaping cross-border innovation.

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Geely, a Chinese automaker, integrates advanced engineering, EV tech, and international brand acquisitions to expand its global footprint.

Great Wall Motor produces SUVs, pickup trucks, and passenger cars across multiple brands, with a focus on expanding EV and smart vehicle capabilities.

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SAIC Motor, a Chinese automaker, manufactures passenger and commercial vehicles through various brands and joint ventures.

SAIC Motor

What powers tomorrow’s roads? Explore EV adoption, charging infrastructure, and battery advances sparking the shift toward sustainable transport.

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How do goods and people flow worldwide? Examine transport networks, logistics innovations, and policies shaping global connectivity.

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Low EV profits obscure a broader push to expand globally, adapt to local demand, and build long-term positions abroad.

The bull case for Chinese automakers, beyond EV margins

T. K. Lin

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When do companies invite public investment? Understand listing criteria, underwriter roles, and regulatory steps defining initial offerings.

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Deals in brief: GIC backs legal AI firm Harvey, Amity and Startale raise funding, China logs 14 investments, and more

An alias used when humans and machines team up in our newsroom. Articles under this byline may be shaped with the help of AI, but are always vetted by a human before publication.

Sudo Lim

KrASIA tracks China’s tech and business stories, alongside key developments across the broader Asia Pacific region.

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Manycore Tech passed HKEX’s listing hearing on March 29 after updating its post-hearing materials, entering the final phase of its Hong Kong IPO with JPMorgan and CCB International as joint sponsors. The spatial intelligence company reported RMB 829 million in 2025 revenue, 82.2% gross margin, and RMB 57.1 million in non-IFRS adjusted net profit, turning profitable.

<a href="/company/tiktok">TikTok</a> said it is cooperating with Australia’s eSafety regulator as it reviews compliance with the country’s under-16 social media law, which took effect on December 10, 2025. The company added that it is focused on strengthening age assurance technology and enforcement, and will continue engaging with authorities as the assessment proceeds.

Two COSCO-operated Chinese container ships sailed through the Strait of Hormuz on March 30 on their second attempt, becoming the first non-Iranian container vessels to leave the Persian Gulf since the US-Israeli conflict with Iran began on February 28. The ships moved in close formation toward the Gulf of Oman.

Moonshot AI’s ARR surpassed USD 100 million in early March, roughly a month after the launch of its Kimi K2.5 model, according to a person familiar with the matter. API token-per-minute quotas have tightened, with some clients offering higher spending commitments and prepayments for priority access.

Alibaba Health has signed a partnership agreement with AstraZeneca to co-develop digital healthcare services focused on disease management. The collaboration will target areas including respiratory, cardiovascular and metabolic conditions, combining medical expertise with digital tools for patient support.

<a href="/company/byd">BYD</a> told analysts it now expects exports to reach 1.5 million vehicles in 2026, about 15% above its previous 1.3 million target disclosed in January, according to people familiar with the matter. The higher goal follows weaker domestic sales and the company’s first annual profit decline in four years, increasing reliance on overseas markets.

Japan will cut subsidies for <a href="/company/byd">BYD</a> cars to JPY 150,000 from about JPY 350,000–400,000 under revised rules that favor automakers using domestically produced batteries. The change, announced by the Ministry of Economy, Trade and Industry, take effect in April.

Unitree Robotics will open its first Asia experience center in late May at Jiuguang Department Store in Shanghai’s West Nanjing Road commercial district. The more than 100-square-meter outlet will showcase the company’s full lineup of latest products.

<a href="/company/deepseek">DeepSeek's</a> chatbot suffered an outage lasting more than seven hours in China, with issues reported on March 29 evening. The company rolled out multiple updates and said a fix had been implemented, though service stability remained unclear.

<a href="/company/bytedance">ByteDance</a> has added watermarking and IP protection features to Seedance 2.0 ahead of its global rollout on CapCut. The update includes C2PA tagging, IP monitoring, and limits on generating real faces or copyrighted characters following scrutiny from Hollywood studios.

<a href="/company/huawei">Huawei</a> has hired Martin Schell, former director of Fraunhofer HHI, as R&amp;D head at its Bragg Research Center in the UK. The move highlights concerns in Germany over talent outflows as Chinese tech firms recruit from leading research institutions.

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Alibaba, China’s e-commerce giant, operates online retail marketplaces, cloud computing services, and digital payment networks across Asia and beyond.

Taobao, Alibaba’s consumer-to-consumer marketplace, connects Chinese shoppers with diverse products, from fashion and electronics to everyday essentials.

Taobao

Tmall, Alibaba’s B2C platform, hosts premium brands and official stores, offering authenticated products to Chinese consumers seeking quality goods.

Tmall

What sets the bar for convenience? Examine on-demand platforms, subscription models, and personalization transforming consumer expectations.

Consumer Economy

How do clicks replace aisles? Explore global marketplaces, payment solutions, and technology accelerating online retail’s growth.

E-commerce

New subsidies, tools, and incentives aim to help sellers improve earnings in a more competitive market.

Tmall ramps up merchant support as focus shifts to profitability

Cheng Zi is based in China, covering technology- and business-related events. She works with her colleagues at 36Kr Global to provide coverage in both English and Chinese.

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Cheng Zi

Photo of a H1 humanoid robot, developed by Unitree Robotics, showcased at Mobile World Congress 2025.

What lies beyond familiar frontiers? Investigate emerging tech—like quantum computing and AI—transforming traditional sectors.

Deep Tech

Embodied Intelligence

How does automation advance industry? Analyze robotic arms, drones, and AI-driven tools reshaping manufacturing and services.

Robotics

The robotics company is reporting margins well above those of its peers.

Manycore clears HKEX IPO hearing

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Deals in brief: GIC backs legal AI firm Harvey, Amity and Startale raise funding, China logs 14 investments, and more

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